ReNew Energy Global Plc (NASDAQ:RNWWW) Short Interest Update

ReNew Energy Global Plc (NASDAQ:RNWWW) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 13,750 shares, a drop of 34.0% from the November 30th total of 20,835 shares. Based on an average daily trading volume, of 88,858 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 88,858 shares, the days-to-cover ratio is currently 0.2 days.

ReNew Energy Global Stock Performance

Shares of RNWWW stock traded down $0.00 during trading hours on Monday, hitting $0.01. 74,282 shares of the company were exchanged, compared to its average volume of 44,314. ReNew Energy Global has a fifty-two week low of $0.00 and a fifty-two week high of $0.25. The company has a 50 day simple moving average of $0.01 and a two-hundred day simple moving average of $0.07.

ReNew Energy Global Company Profile

ReNew Energy Global Pte. Ltd. is one of India’s leading independent renewable energy companies, focusing on the development, construction and operation of clean power assets. The company’s core activities include the generation of electricity from utility-scale solar and onshore wind facilities, as well as the deployment of energy storage solutions to enhance grid stability and reliability. ReNew Energy Global also offers comprehensive engineering, procurement and construction (EPC) services along with operations and maintenance (O&M) support across its project portfolio.

Founded in 2011, ReNew Energy Global has built a diversified portfolio of power generation assets with an operational capacity exceeding 5 gigawatts.